Technology &Telecoms
GECAD Invests $1.5M In App Developer
GECAD Group has invested $1.5 million in Gluru, a London-based start-up founded by former employees of Google, Amazon, Rackspace and Apple, who will develop applications built on a platform...
Romania Ranks 13th Among CEE Countries By Mobile Traffic
Romania ranks 13th among 18 Central and Eastern European countries by mobile internet traffic (by tablets and smartphones), which reached 9% in June 2014, from 1% in January 2011, according...
eMag Expands To Poland
eMag, the leading local online retailer, held by South Africa’s Naspers and Romanian entrepreneur Iulian Stanciu, will expand to Poland, the largest electronic commerce market in the region...
Pinebridge Won’t Sell AKTA For Less Than EUR200M
US-Asian investment fund Pinebridge, owner of Digital Cable Systems (AKTA), the biggest independent player on Romania’s cable TV market, reportedly rejected takeover bids of around EUR100 mi...
US Uber Reconfirms Plan To Tap Romania
US company Uber, which in five years launched, in over 200 cities worldwide, a smartphone application connecting users and transport services providers, is likely to launch its Romanian oper...
Official Journal: Orange Romania Board Approved Sirius ENO Project On October 13
The board of directors of Orange Romania, the leading mobile telephony provider on this market, on October 13 approved the "Sirius ENO" project, which entails outsourcing some operations and...
2014 In Review: Ten Most Important Events In Telecom
The Romanian communications industry, worth over EUR3 billion a year, did not lack events in 2014, even though none of the big deals expected on the market has materialized.
Beckers, Telekom: We’re Betting On Integrated Packages That No Rival Can Provide
The decisions of the Romanian telecom regulatory authority and of the government have had a "substantially negative” impact on the group, compounded by the business challenges, by integratio...
Vodafone Romania's Priorities In 2015: Internet Services, Business Clients And M-Pesa
Eight months after taking over the reins of Vodafone Romania, Ravinder Takkar says the priorities set for the company were the right ones, and that these are the main targets for 2015 as wel...